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Divide.(20x2 – 12x + 8) ÷ (2x + 8) A. 10x minus 34 plus 280 over 2x minus 8 B. 10x plus 34 plus 280 over 2x minus 8 C. 10x
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How long after a recession has begun does it typically take the NBER to announce the recession's start date?a. Between 4 and 21
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A recession is best described asa. two quarters of negative growth of real GDP. b. a significant decline in economic activity
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2. 163 views
Which organization is responsible for determining whether the economy is in recession?a. The Federal Reserve b. U.S. Department
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A significant decline in general economic activity extended over a period of time is known as a(n)a. recession. b. expansion. c.
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A period when economic output decreases is known as a(n)a. peak. b. expansion. c. contraction. d. business cycle.
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How does employment typically change over the business cycle?a. Employment rises during recessions and falls during expansions.
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A period when economic output increases is known as a(n)Question 2 options: a. recession. b. expansion. c. contraction. d.
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The fluctuating levels of economic activity in an economy over a period of time measured from the beginning ofone recession to
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can double yolks egg has babys
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A bond that pays a yearly interest rate of $100 is for sale. The interest rate was 10 percent and now is 5 percent. The price of
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How is the interest on reserve balances rate a reservation rate?a. Banks should not demand a higher rate for their funds. b.
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8. Who is the present chairman of the Fed?a. Janet Yellen b. Ben Bernanke c. Jerome Powell d. Alan Greenspan
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What role do open market operations play in monetary policy?a. The Fed uses open market operations to move the federal funds
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Which best describes how the FOMC conducts monetary policy to increase employment during a recession to achieve its maximum
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4. Which monetary policy tool serves as a ceiling for the federal funds rate?a. Open market operations b. Interest on reserve
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Which monetary policy tool is a supplementary tool that sets a floor for the federal funds rate?a. Open market operations b.
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Which monetary policy implementation tool is the primary tool the Fed uses to steer the federal funds rate into the FOMC’s
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When the FOMC conducts monetary policy, it sets the target range fora. federal funds rate. b. interest on reserve balances rate.
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How many languages do you understand?
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2. 147 views
Suppose that the Fed conducts an open market operation to increase the money supply. show the effect on the bond market.
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2. 217 views
The state of the economy depicted at the right can be best described as having a recessionary gap.draw a scenario depicting an
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2. 208 views
Suppose that, initially, the U.S. economy was in an aggregate demand-aggregate supply equilibrium at point A along the
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2. 219 views
A perpetual bond sells for $1,000 and will pay $98 a year forever. The Fed changes its policy and the interest rate
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shows how the Trading Desk's buying or selling of existing bonds could induce individuals and businesses to demand a smaller
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The reserve requirement is 10%. Suppose that Jack transfers $30,000 from an account at First Bank to a checking
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2. 255 views
Assume that the required reserve ratio is 20 percent. What is the total possible expansion of the money supply after a $ 400,000
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2. 189 views
Suppose all banks have zero excess reserves. The Fed buys bonds for $1 million and a bond dealer deposits the check in his or
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2. 269 views
Bank XYZ Balance SheetASSETS: Total reserves= $3,800,000 Checkable deposits= $4,000,000 Required reserves= $800,000 Excess
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M1 Money Stock=$18104.9Retail Money Funds=$1041.9 Currency Component of M1=$2007.7 Total Savings Deposits at all Depository
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Using the data in the table, compute the M1 money stock. (Enter your responses rounded to one decimal place.)Currency
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M1SL=$18,606.2 billion.CURRSL=$2,236.47 billion. DEMDEPSL=$4,999.3 billion. MDLM=$11,370.5 billion. Based on the data
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2. 148 views
The table below indicates the current values of various money accounts. All figures are denominated in billions of dollars.Curre
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Money Account(in Billions): Currency=357Checkable deposits=783 Traveler's checks=8 Small-denomination time deposits=875
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Consider the following:a. $50 billion in U.S. Treasury bills are included in-- M1 only, M2 only, both M1 and M2, neither
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Consider the following items.Part 2 A $1,000 balance in a transactions deposit at a mutual savings bank. This item is counted
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Currency =649Savings and money market deposit accounts=3, 181 Small-denomination time deposits=1,579 Traveler's checks
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2. 242 views
During the 1945-1946 Hungarian hyperinflation, when the rate of inflation reached 41.9 quadrillion percent per month,
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During the late 1970s, prices quoted in terms of the Israeli currency, the shekel, rose so fast that grocery stores
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2. 116 views
Until 1946, residents of the island of Yap used large doughnut-shaped stones as financial assets. Although prices of goods
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2. 129 views
how do I calculate numerical value of the multiplier?
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2. 163 views
how do II caculate the marginal propensity to consume
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2. 136 views
what is a stock (S) or a flow (F).
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Automatic stabilizersPart 2 A. require new legislation to be implemented. B. include the progressive income tax but not
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a. A recession occurs, and government-funded unemployment compensation is paid to laid-off workers. This is an example
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2. 220 views
fiscal policy correction that would bring the economy to full employment GDP. Properly label this line. Currently, the LRAS is
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fiscal policy correction that will bring the economy to full employment. Currently, the LRAS is on the right of the SRAS on the
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Suppose the government knows that the MPC is equal to 0.80 and that the amount of the horizontal distance that the AD curve had
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2. 253 views
Suppose that the government determined that the amount by which the AD curve had to be shifted directly rightward from point E1w
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2. 240 views
If the marginal propensity to save equals 0.25 calculate the change in government spending that could eliminate the gap.
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The following equations describe consumption, investment, government spending, taxes, and net exports in the country of
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An economy's consumption function is depicted in the table below.Disposable Income (Y Sd)($, billions): 0, 100, 200,
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2. 232 views
An economy's consumption function is depicted in the table below.Disposable Income (Y Sd)($, billions): 0, 100, 200,
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2. 223 views
An economy's consumption function is depicted in the table below.n econoDisposable Income (Yd)($ billions): 0, 120,
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2. 224 views
Real GDP: 0, 2000, 4000, 6000, 8000, 10000Consumption: 1000, 2500, 4000, 5500, 7000, 8500 Saving: -1000, -500, 0, 500, 1000,
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Complete the following table which depicts a hypothetical economy in which the marginal propensity to save is constant at all
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In a simple economy (assume there are no taxes, thus Y is disposable income), the consumption function is C=250 + 0.8Y.
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2. 215 views
Consider the following table for a household's consumption expenditures and disposable income.income:0, 100, 200, 300, 400,
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2. 168 views
A simple closed economy with no government has autonomous consumption expenditures of $80 million and a marginal propensity
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An economy's consumption function is depicted in the table below.Disposable Income Y ($, billions): 0, 125, 250, 375, 500,
1. 15 answers
2. 313 views
Classify each of the following as either a stock (S) or a flow (F).a. Myung Park earns $850 per week
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Consumption expenditures on goods and services=$1,500Total government spending on goods and services=590 Gross private
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Consumption expenditures on goods and services$1,500 Total government spending on goods and services 590 Gross private
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2. 172 views
Total population=745000Working age population=550000 Number employed=361000 Number of unemployed=19000 a. Using the above table,
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2. 147 views
40) Suppose 2010 is the base year. From 2010 to 2018, the price index increases from 100 to 102.5. If nominal Gross Domestic
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Consumption expenditures on goods and service=$1,500Total government spending on goods and services=590 Gross private
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2. 209 views
Gross Domestic Product (GDP) = $13.0 trillion, consumption = $9.5 trillion, depreciation = $1.8 trillion, other business income
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2. 207 views
Net Interest=$739Net US Income Earned Abroad =36 Wages and Salaries=8,735 Rental Income =237 Other Business Income=1202
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2. 154 views
Suppose that for the economy of Utopia, we have the following information for 2018: consumption expenditures = $5,000; wages =
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2. 170 views
Total population=745,000Working age population=550,000 Number employed=361,000 Number unrmployed=19,000 14) Using the above
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2. 303 views
In a country, the adult population equals 100,000. There are 50,000 people unemployed and 40,000 people are employed. The labor
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2. 157 views
) By definition, the labor force participation rate isA) the percentage of institutionalized working-age individuals who are
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2. 119 views
a. Suppose that the US dollar appreciates.Consider the two effects of a stronger. The aggregate demand curve shift to.dollar.
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2. 136 views
a. Suppose that the US dollar appreciates. Consider the two effects of a stronger dollar. 1.) aggregate demand curve shift
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2. 156 views
Suppose that the value of the US $ yesterday was $1 = 4 pesos. Today the exchange rate changed such that $1 = 5 pesos .
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2. 215 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 pesos. Today the exchange rate changed such that $1 =
1. 5 answers
2. 178 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 euros. Today the exchange rate changed such that $1 =
1. 7 answers
2. 187 views
Suppose that the value of the US dollar ($) yesterday was $1 = 4 euros. Today the exchange rate changed such that $1 =
1. 9 answers
2. 164 views
Lower personal tax rates, the aggregate demand curves shift tothe.
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2. 126 views
The aggregate demand and supply curves. The economy is initially at an equilibrium at E0.the appropriate shift of the curve that
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2. 148 views
a change in aggregate demand that leads to an inflationary gap is shift.
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2. 123 views
Suppose that the real interest rate suddenly declinesfor reasons that have nothing to do with the value of the price level. What
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2. 230 views
In the short run, the equilibrium price level will---and the nation will experience---gap because desired investment---and
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2. 170 views
Suppose that the real interest rate suddenly increasesfor reasons that have nothing to do with the value of the price level.
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2. 157 views
The current equilibrium price level and output level respectively are: 100 and $9 trillion. The full employment
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2. 173 views
An important difference between the Classical Model and the Keynesian Model is thatPart 2 A. prices adjust to bring about
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2. 207 views
a. The Keynesian model argues that prices are sticky. One reason supporting this argument is thatPart 2 A. nominal wages are
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The Keynesian Model of the macroeconomy argues that prices are sticky due to labor contracts and unions.Part 2 a. The existence
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Which of the following is a possible explanation for sticky prices?Part 2 A. It is illegal for firms to lower prices without
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2. 180 views
According to the classical model, if the economy starts at full employment an increase in aggregate demand will cause all of
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2. 217 views
The level of employment in an economy determines its real GDP.A. False B. True
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2. 88 views
The classical economists believed that the leakage of saving would be matched by the injection of business investment.A. False
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Which of the following is not one of the four major assumptions of the classical model?A. People suffer from money illusion.
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Say's law asserts thatA. permanent surpluses are normal occurrences in a market economy. B. permanent shortages are normal
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In the Classical Model, an increasein aggregate demand will result in A. a decrease in both the price level and output. B. a
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2. 199 views
The classical model assumes that wages and pricesA. are flexible in the long run but not in the short run. B. are always
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Classical economists thought thatA. flexible wages and prices were the principal causes of recessions. B. price, wage, and
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According to classical economists, aggregate demand primarily determinesA. the price level. B. total production in the
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2. 233 views
According to the classical model, if an excess quantity of labor is supplied at a particular wage level, full employment
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The aggregate supply curve implied by the classical model is ---so that a reduction in aggregate demand will mean a lower
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2. 213 views